Insights on the Worldwide Online Lottery Market to 2025 - Featuring The National Lottery, Lottoland and WinTrillions Among Others - ResearchAndMarkets.com

DUBLIN--()--The "Global Online Lottery Market - Growth, Trends and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

Global Online Lottery market is anticipated to grow at a CAGR of 8.5% during the forecasted period (2020-2025).

There is a rise in the popularity of draw-based games and scratch-off instant games across the European countries, which may positively impact the growth of the market studied.

The increased penetration of smartphones is giving rise to a number of the mobile application-based lottery games. The end user has the convenience and comfort of gambling within the comfort of their own space, which is one of the major drivers of the segment.

Key Market Trends

Improved Internet Connections, Advances In Security, Encryption, And Streaming Technology

The increasing acceptance and popularity of lottery, in general, has resulted in the creation of a whole different form of gaming on the Internet. The upsurge in consumer choice for online lottery is being supported by faster internet connectivity, which permits operators to stream various events from around the world, allowing the consumers to bet on. The growth opportunity for lottery operators through online channel forced the online vendors to improve betting processes, in terms of security and reliability, which, in turn, propelled the popularity of online lottery across the world. Additionally, for a long time, consumers were concerned about banking security while conducting any kind of transaction over the Internet. However, advances in both online encryption and banking technology helped in resolving this concern, resulting in the consumers playing online securely and, in turn, driving the market studied.

Europe Holds A Major Share In The Market

The shift in demand from traditional modes of physical draw-based games to the virtual ones is augmenting the growth of the Europe online lottery market. Moreover, as lotteries offer a high return on low investment, a large group of individuals are attracted by the rewards and invest accordingly to participate in these games. Companies offering lottery gaming services use social media as a promotional strategy to attract large number of users, by posting the winning prizes on social networking sites, like Facebook, Twitter, and Google+, wh. This factor is leading to an increase in the sales of various lottery tickets. Furthermore, stringent government regulations regarding the operation of online lottery in the European countries help in gaining consumer trust and interest.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

3.1 Market Overview

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By End User

5.1.1 Desktop

5.1.2 Mobile

5.2 Geography

5.2.1 North America

5.2.1.1 United States

5.2.1.2 Canada

5.2.1.3 Mexico

5.2.1.4 Rest of North America

5.2.2 Europe

5.2.2.1 Spain

5.2.2.2 United Kingdom

5.2.2.3 Germany

5.2.2.4 France

5.2.2.5 Italy

5.2.2.6 Sweden

5.2.2.7 Rest of Europe

5.2.3 Asia Pacific

5.2.3.1 Oceanic Countries

5.2.3.2 Rest of Asia-Pacific

5.2.4 Rest of the World

5.2.4.1 South America

5.2.4.2 Middle East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Most Active Companies

6.2 Most Adopted Strategies

6.3 Market Share Analysis

6.4 Company Profiles

6.4.1 The Lotter

6.4.2 The National Lottery

6.4.3 Lottoland

6.4.4 Lotto Agent

6.4.5 LottoKings

6.4.6 WinTrillions

6.4.7 Lotto247

6.4.8 LottoGo

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/u9mu7t

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900